The US and EU are pressuring Asia’s largest economies to abandon their support of Russia’s war effort. The US Treasury has warned that Indian banks will be subject to sanctions and will lose access to the US financial system if they cooperate with the Russian defense and industrial complex. “We k... #AnnalenaBaerbock #China #circumventionOfSanctions #DavidLammy #DualUseGoods #India #WangYi
Ukraine’s allies plan to introduce sanctions against banks that help the Russian Federation. France and the Netherlands are pushing for EU sanctions against any bank in the world that helps the Russian military pay for weapons, goods, or technology. The proposal is being discussed as part of ... #circumventionOfSanctions #DualPurposeTechnologies #DualUseGoods #NewSanctions #RaiffeisenbankRussia
The US has imposed sanctions against almost 300 Russian and foreign companies and private individuals for supporting the Russian war against Ukraine. The list of Chinese companies, particularly, included Hong Kong’s Finder Technology Ltd, which exported 293 batches of parts for drones and electronics. Among the companies from the Russian Fede... #BryanskAutomobilePlant #ChineseCompanies #DefenseIndustryRussia #DualUseGoods #ProtonPlant #SanctionsAgainstRussia
British equipment and machinery worth hundreds of millions of pounds continue to enter Russia. While British exports to Russia have fallen sharply, exports of drones, optical devices, and heavy engineering products to several former Soviet countries, from Uzbekistan to Georgia, have grown unpre... #ArmyEquipmentImport #circumventionOfSanctions #DualUseGoods #ExportToRussia #SanctionsAgainstRussia
Brussels demands that the EU member states work urgently to stop the illegal flow of goods to Russia. In a letter sent to the EU’s capitals, the EC warned there was a need for “immediate, concerted, and decisive action from all of us.” Although the sanctions are agreed upon at the EU level... #circumventionOfSanctions #DualUseGoods #ReExportWeapons #RussianTrade #SanctionsAgainstRussia
Brussels is softening the restrictions in the next Russian sanctions package to ensure faster implementation. The EC will not add any new import bans to the 13th package of sanctions against Russia, which is planned to be adopted by the second anniversary of the full-scale Russian invasion of Ukraine. As Reut... #DualUseGoods #EUsanctions #SanctionsAgainstRussia